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Law Commission of India submits its report on Leprosy Laws


Proposes legislation to eliminate discrimination against persons affected by Leprosy The Law Commission of India has submitted its Report No. 256 on “Eliminating Discrimination Against Persons Affected by Leprosy” to the Union Ministe


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Home loan sanction by bank

Posted by Devidaskshetty



I had purchased a flat in Karnataka with a home loan of 13 lack with the submission of only sale agreement copy in between me and the builder consisting only five pages without registration. Later on it was learnt that the same property was already under the mortgage of another financial institution . Can a bank sanction homeloan under such conditions,?.
Now the financial institution has started the process of auctioning the property as the builder has not clear the dues.
It was a clear case of builder banker nexus.
How can I proceed further in this matter.
Please guide me.
Thanks
Deekay


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Updated on : 25/02/2017 18:00:02

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